NEW YORK, Nov. 3, 2014 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, today acquired the Global Trade Management (GTM) Practice of EntryPoint Consulting LLC, an industry leader in providing SAP Global Trade Services (SAP GTS) technology and business consulting services to multinationals across industries. The EntryPoint team will join KPMG's Trade and Customs Practice enabling KPMG to provide both regulatory and technology consulting under one umbrella.
The addition of EntryPoint's SAP GTS consulting and systems implementation services will strengthen KPMG's proficiency in assisting multinationals enhance their investment in global trade management systems. This includes the ability to manage global import and export control risks and realize cost savings and efficiencies throughout the supply chain. These services are especially relevant as companies consider various global trade management systems as part of Enterprise Resource Planning (ERP) system implementations or upgrades. The acquisition builds on KPMG's well-established experience with SAP business and technology integration services and solutions.
EntryPoint's Global Trade Management practice is one of the market's-leading SAP GTS Partner Practices in the U.S. with deep experience in key industries, including aerospace & defense, consumer products, high tech, industrial machinery, medical devices, pharmaceutical and biotechnology.
Doug Zuvich, KPMG's global leader for Trade and Customs Services said: "Multinational corporations are continuing to invest in technology to support global trade, in response to the increasing scrutiny they face in a complex global trade marketplace. With the addition of EntryPoint's outstanding professionals and their extensive capabilities, KPMG's Trade and Customs practice will be ready to work alongside these leading companies and provide them with immediate SAP GTS consulting and services to meet these challenges."
Andy Siciliano, KPMG's U.S. Trade and Customs practice leader, said, "We are happy to welcome EntryPoint's professionals to KPMG. Their extensive SAP GTS consulting and implementation experience in conjunction with our existing in-house capabilities will enable KPMG to continue to meet the expanding needs of current and future clients in this area."
Robert Waldrop, formerly EntryPoint's Vice President of Global Trade Management, said "We're a team of endless ideas, so we're beyond excited at the thought of becoming a part of a company with KPMG's intellectual and financial resources. The completion of this acquisition gives our Global Trade Management team greater opportunities for professional growth, our clients a full complement of global trade management services from planning through execution across the globe, and our clients the scale to drive forward their businesses together with KPMG's assistance." Mr. Waldrop joined KPMG as its global SAP GTS leader based in New York City.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.
About KPMG's Trade and Customs Practice –KPMG's Trade and Customs Practice is comprised of an integrated team of former government employees such as former U.S. Customs and Border Protection (CBP) auditors, licensed customs brokers, non-practicing attorneys and certified public accountants—all of whom are dedicated to providing clients with effective trade consulting services worldwide.
SOURCE KPMG LLP